Europe

A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising concerns over the Swiss bank’s financial health, the Financial Times reported, citing people involved in …

Russian President Vladimir Putin speaks during a meeting on the military-industrial complex at the Kremlin, September 20, 2022, in Moscow, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Friday declared four new regions of the country, shortly after signing a decree formally annexing parts …

Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.” Anadolu Agency | Anadolu Agency | Getty Images Unexplained gas leaks along two underwater pipelines connecting Russia to …

Christine Lagarde, European Central Bank (ECB) president addresses a news conference following the ECB’s monetary policy meeting in Frankfurt, Germany, September 8, 2022.  Kai Pfaffenbach | Reuters Euro zone inflation hit a new record high of 10% in September, Eurostat data showed on Friday, up from 9.1% in August and …

Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP’s financial results for 2019 on January 28, 2020 in Walldorf, southwestern Germany. – German software giant SAP reported a bottom line undermined by heavy restructuring costs, but lifted forecasts for the …

Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg | Getty Images The financial market turmoil resulting from the U.K. government’s spending plan “suggests incompetence,” according to …

View of pipe systems and shut-off devices at the gas receiving station of the Nord Stream 2 Baltic Sea pipeline. Stefan Sauer | picture alliance | Getty Images Investigations are taking place into unexplained leaks affecting both the Nord Stream 1 and 2 pipelines, which bring natural gas from Russia …

Analysts expect the Bank of England may need to raise interest rates more aggressively following market turbulence on Monday morning. Sopa Images | Lightrocket | Getty Images LONDON — The Bank of England on Monday said it is monitoring financial market developments “very closely” after a dramatic morning of turmoil …

A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images LONDON — The U.K. risks a currency crisis that could see sterling reach parity with the dollar, according to analysts at Citi. The U.K. government …

British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations General Assembly in New York City, following clashes in economic policy between the two leaders. Wpa Pool | Getty Images LONDON — The British government is set to announce sweeping …